Bnxa is a company that does not necessarily make money as the price of bitcoin rises but rather the volatility in the crypto market. To be more specific they make money based on the transaction. this has been going sideways, but I believe there are some clues that suggest bullish sentiment and fundamentals.
1) despite decreasing rev 2 quarters in a row price has...
Fiat feeder to big exchanges, going for Nasdaq listing Jan 2022, fib extension just like all other cryptos stocks makes this a 7x bagger. Measly $1bill market cap is only 7x.
Based on Elliott Waves and Fib levels. The targets for waves 2 and 3 are shown; the other waves should be updated later.
This stock follows BTC price movements. Currently BTC analysis shows a similar behaviour.
I am not a financial advisor and this is not financial advice. It is a potential scenario or opinion. Invest at your own risk and do your own research.
